It may but you wont know until you apply
But being so long ago and a clear record in the last 40 years is in your favour.
You have to be a good character.
The Australian system says you are not of good character if you have a substantial criminal record. The act says
You have a substantial criminal record for the purposes of the character test in the Migration Act if you have been:
- sentenced to death or imprisonment for life
- sentenced to a term of imprisonment of 12 months or more
- sentenced to two or more terms of imprisonment (even if served concurrently) where the total is 12 months or more
- found by a court to not be fit to plead in relation to an offence but found to have committed the offence and detained in a facility or institution
The character requirements are all set out in the following link
You cannot apply on your own but you can use an agent and there are some in the UK
Use the next link to search for the closest one to you
I know there is a few in london
It is possible to get a visa
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